Price for Wine; Still, in Containers Holding 2 Litres or Less in Ethiopia - 2022
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Ethiopia (CIF) - 2022
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Ethiopia (FOB) - 2022
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Ethiopia
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Ethiopia
Price for Wine; Still, in Containers Holding 2 Litres or Less in Ethiopia (CIF) - 2022
The average import price for wine; still, in containers holding 2 litres or lesses stood at $5.1 per litre in 2022, increasing by 34% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wine; still, in containers holding 2 litres or lesses increased by +55.6% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($11 per litre), while the price for the United Arab Emirates ($2.6 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wine; Still, in Containers Holding 2 Litres or Less in Ethiopia (FOB) - 2022
In 2022, the average export price for wine; still, in containers holding 2 litres or lesses amounted to $2.6 per litre, reducing by -4.1% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wine; still, in containers holding 2 litres or lesses decreased by -5.6% against 2018 indices. The growth pace was the most rapid in 2014 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices hit record highs at $3.2 per litre in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($3.4 per litre), while the average price for exports to Germany ($2.1 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Ethiopia
In 2022, the amount of wine; still, in containers holding 2 litres or lesses imported into Ethiopia shrank markedly to 112K litres, waning by -48% against the year before. Over the period under review, imports continue to indicate a dramatic shrinkage. The smallest decline of -10% was in 2020. Imports peaked at 313K litres in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of wine; still, in containers holding 2 litres or lesses dropped sharply to $572K in 2022. In general, imports recorded a dramatic setback. The smallest decline of -11.3% was in 2021. Imports peaked at $1.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 218 | 396 | 319 | 255 | 5.4% |
| South Africa | 414 | 277 | 221 | 185 | -23.5% |
| Spain | 22.3 | 4.5 | N/A | 32.5 | 13.4% |
| Canada | 16.7 | 28.8 | 28.9 | 30.5 | 22.2% |
| France | 291 | 98.2 | 121 | 28.2 | -54.1% |
| Chile | 1.4 | 14.5 | 4.6 | 16.4 | 127.1% |
| United Arab Emirates | 138 | 42.1 | 21.5 | 0.1 | -91.0% |
| Others | 105 | 66.9 | 107 | 24.2 | -38.7% |
| Total | 1,207 | 928 | 823 | 572 | -22.0% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Ethiopia in 2022:
- South Africa (55.1K litres)
- Italy (35.9K litres)
- France (8.3K litres)
- Spain (4.2K litres)
- Canada (2.9K litres)
- Chile (2.5K litres)
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Ethiopia
For the fourth year in a row, Ethiopia recorded growth in overseas shipments of wine; still, in containers holding 2 litres or lesses, which increased by 4.8% to 48K litres in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 106%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of wine; still, in containers holding 2 litres or lesses stood at $126K in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 104%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 63.4 | 0% |
| United States | 43.9 | N/A | 16.8 | 39.1 | -3.8% |
| Djibouti | N/A | 7.2 | 2.7 | 12.2 | 30.2% |
| Democratic Republic of the Congo | N/A | N/A | N/A | 2.7 | 0% |
| Germany | N/A | 0.6 | N/A | 2.4 | 100.0% |
| Rwanda | 2.4 | N/A | N/A | 2.0 | -5.9% |
| China | N/A | 87.6 | 101 | N/A | 15.3% |
| Switzerland | 7.0 | 12.2 | N/A | N/A | 74.3% |
| Others | 7.6 | 16.9 | 5.0 | 3.9 | -19.9% |
| Total | 60.9 | 125 | 125 | 126 | 27.4% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Ethiopia in 2022:
- France (25.2K litres)
- United States (15.8K litres)
- Djibouti (4.1K litres)
- Germany (1.2K litres)
- Democratic Republic of the Congo (0.8K litres)
- Rwanda (0.8K litres)
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